The Finance Manager is responsible for overseeing the organization's financial operations, ensuring accurate financial reporting, effective budgeting, cash flow management, regulatory compliance, and financial planning. The role supports strategic decision-making by providing financial insights, managing project profitability, and maintaining strong financial controls across all business activities.providing regular financial reporting.
Responsibilities
- Oversee all financial and accounting activities of the organization.
- Prepare monthly, quarterly, and annual financial reports and statements.
- Develop, manage, and monitor annual budgets and financial forecasts.
- Manage cash flow, working capital, and financial planning activities.
- Monitor project budgets, costs, revenues, and profitability to ensure financial performance targets are achieved.
- Ensure compliance with Saudi financial regulations, VAT requirements, and ZATCA regulations.
- Coordinate and manage external audits and statutory reporting requirements.
- Establish, implement, and maintain financial policies, procedures, and internal controls.
- Review contracts and assess financial risks associated with projects, vendors, and business agreements.
- Oversee accounts payable, accounts receivable, payroll, and general accounting functions.
- Analyze financial performance and provide recommendations to improve profitability and operational efficiency.
- Support pricing strategies, tender submissions, and project costing activities.
- Prepare management reports and financial analyses to support strategic decision-making.
- Lead and develop the finance team to ensure high levels of performance and compliance.
Qualifications
- Bachelor's degree in Finance, Accounting, or a related field.
- Minimum of 5 years of experience in finance, accounting, or financial management.
- Strong knowledge of financial reporting, budgeting, forecasting, and financial analysis.
- Experience in managing project budgets, cost control, and profitability analysis.
- Strong understanding of cash flow management and financial planning.
- Knowledge of Saudi tax regulations, including VAT and ZATCA requirements.
- Experience in preparing financial statements and coordinating with external auditors.
- Proficiency in accounting systems and Microsoft Excel.
- Strong leadership, communication, and team management skills.
- Excellent analytical, problem-solving, and decision-making abilities.